John Caudwell, the British billionaire behind the Phones4U empire, has off‑loaded his Art Deco‑styld London mansion, Fonteign House, for £55 million. The 16,000‑square‑foot property, once home to prima ballerina Margot Fonteyn, changed hands after a brief four‑week listing, according to the source report.

Fonteyn House’s £55 million price tag and four‑week market run

The sale price of £55 million reflects the property’s extensive amenities, including a 12‑metre swimming pool, a private cinema screen, a spa with an ice fountain, a cocktail bar and a fully equipped gym. The source notes that the home, which overlooks the Victoria and Albert Museum, was originally the Panamanian Embassy before becoming Dame Fonteyn’s residence.

Historic dance legends once roamed the mansion’s halls

Margot Fonteyn and her pratner Rudolf Nureyev used the second‑floor bedroom suite as a private dance studio, a detail highlighted in the source. russian ballerina Nureyev even stayed at the house after his 1961 defection from the Soviet Union while negotiating his Royal Ballet contract. Visitors over the decades have included Princess Margaret and fashion icon Yves Saint‑Laurent.

Caudwell’s wider luxury portfolio: Mayfair sale and £2 billion development

Beyond Fonteyn House, Caudwell recently sold a Mayfair property and is spearheading a £2 billion development at 1 Mayfair, featuring 29 homes, three £200 million penthouses, a 1,000‑book library curated with the Duke of Devonshire, a health spa and a 20‑metre pool. The source describes the project as set to become the UK’s most decdaent new residential address.

Personal assets: Broughton Hall manor and the Titania superyacht

Caudwell’s primary residence is the Grade I‑listed Broughton Hall in Staffordshire , a manor he calls his “spiritual home.” He also owns the £80 million megayacht Titania, a 73‑metre vessel equipped with personalised spas, five state‑of‑the‑art ensuite bedrooms and a Michelin‑star chef , which he charters for £600,000 a week, according to the source.

Who bought Fonteyn House and what’s next for the estate?

The source does not reveal the identity of the buyer, leaving a gap in the transaction’s full picture.. It also remains unclear whether the new owner will preserve the historic dance‑studio suite or reomdel the luxury amenities further.